Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. Do they purchase a 3D warehouse simulation and modeling tool? come with any of them.

Modeling 237

Modeling Analytics Software Supply Chain Design Software Optimization Software 237

Supply Chain Shaman

APRIL 9, 2021

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Focus on IT standardization.

Supply Chain Planning Software 367

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 367

Supply Chain Shaman

SEPTEMBER 13, 2023

Unfortunately, the industry is full of a lot of Anna(s) and her friends, the doubting Thomas (s). In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI. Or planned orders to purchase orders?) I think so.

Supply and Demand 402

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 402

Enterra Insights

MARCH 9, 2021

Industry 4.0 ”[1] The “digital transformation” to which Fretty refers is often called “Industry 4.0” ” — the moniker the German government gave to the fourth industrial revolution spawned by digitization. This has already been witnessed in the previous three industrial revolutions.

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. As an industry, we struggle to embrace new ways of thinking. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. Evolution is messy. Challenges abound.

Supply Chain Design Software 322

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 322

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. This week, I was at Informs Analytics Conference. Demand latency is the time to translate the purchase in the channel to an order.)

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

The Logistics of Logistics

AUGUST 21, 2023

About Richard Perry Richard Perry is a seasoned logistics and supply chain professional with over 20 years of industry experience and is a dedicated professional with a passion for individual development and process optimization. Their services include freight audit and payment, contract optimization, carrier management, and data analytics.

Negotiating Skills 206

Negotiating Skills Logistics Network Optimization Software Optimization Software Analytics Software 206

Supply Chain Shaman

JULY 25, 2021

I find the industry complicit. To make the point, let me share an orbit chart for four industries (reference Figure 1). While some might claim that the industry made progress, the facts show that the industry margin decreased precipitously in three of the four industries shown. How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Jaggaer

MARCH 30, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor. The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. What’s happening in the industry right now, and what can you expect next? The question is: Where to from here? billion to $64,334.41

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Enterra Insights

MARCH 13, 2018

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] Organizations are drowning in data but starving for information.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The availability of capacity in industries like the semiconductor industry is tight.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Supply Chain Shaman

JUNE 23, 2020

If the industry were grounded in truth in advertising repercussions, there would be far fewer signs in the airports from consultants and technology providers.). I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. 06/2020 Kinaxis buys Rubikloud for 60M$.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 299

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

QAD

DECEMBER 1, 2022

In the age of the Amazon B2C, buy-it-now, get-it-now landscape, B2B buyers are finding themselves also wanting the quick and easy shopping experience B2C companies offer, and some actually excel at. Corporate buying decisions are being made by a generation accustomed to quick turnaround purchases they experience as online consumers.

Supply Chain Planning Software 96

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 96

AIMMS

JUNE 23, 2016

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. But what exactly is a Supply Chain Analytics app? Another example, this time in the oil industry, would be an oil blending app. Pre-packaged vs custom built supply chain analytics apps. Oil blending is not easy.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Supply Chain Shaman

JUNE 7, 2021

AMR Research was an industry analyst firm in Boston. Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. I did not think that anyone had a clear definition of supply chain excellence. I argued for industry collaboration to define and drive process innovation. I disagreed.

Gartner 199

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 199

Supply Chain Shaman

FEBRUARY 18, 2021

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. While the industry is flush with terms like digital twin and what-if modeling, current applications were not equal to the need. Baseline demand reflects market potential.)

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 303

AIMMS

JUNE 23, 2016

When it comes to Supply Chain Analytics, an “Apps approach” can have just as many benefits. But what exactly is a Supply Chain Analytics app? Another example, this time in the oil industry, would be an oil blending app. Most people think that Analytics Maturity is about technology. Oil blending is not easy.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. With the pandemic, consumer loyalty started bleeding in almost every industry.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Supply Chain Shaman

OCTOBER 4, 2018

Note in Figure 1, that eight industries have gone backwards and four moved forward. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization.

Inventory Management Software 281

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 281

Enterra Insights

OCTOBER 26, 2022

Keeping up with and making sense of all this data is far beyond the capabilities of traditional analytic methods. billion industry that is already making big changes to the way we understand and use immense databases for a wide range of purposes. The most important of these technologies is machine learning (ML). ”[1].

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The availability of capacity in industries like the semiconductor industry is tight.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. It redefined the music industry: from selling CDs/records to online music. Is this Industry 4.0? A Digital Supply Chain? This reality?

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 247

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 247

Jaggaer

MARCH 18, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. The traditional three bids and a buy model is a product of software constraints, rather than the ideal method of sourcing.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

Supply Chain Shaman

JULY 5, 2016

However, in the writing of the recent report on the Household Products and Beauty industries, my observation is that companies are stuck in neutral and going backwards. Who is performing the best in this industry? The industry as a whole struggled. As an analyst, I get to watch and observe industry progress. Reflections.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industrial 150

Supply Chain Shaman

SEPTEMBER 10, 2023

Was it that Kraft was not clear in its definition of supply chain excellence (which was true) or not clear on how to best use the system (which was also true)? The industry is getting less value of supply chain planning than in the 1990s when the platforms were first defined, and supply chains were regional. The problem is simple.

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

Logistics Viewpoints

MAY 16, 2022

SCCN solutions provide supply chain visibility and analytics across an extended supply chain. A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains.

Supply Chain Planning Software 212

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 212

Supply Chain Shaman

NOVEMBER 21, 2022

So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. Self-driving supply chains are an example. Were the plans feasible?

Supply Chain Planning Software 316

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 316

Supply Chain Shaman

FEBRUARY 1, 2024

I will share insights as we go along) The Word Salad Shuffle In the industry, I feel that there is a lot of word salad–consultants and technologists spinning words with little meaning to drive leads. days to receive a purchase order confirmation. The average purchased order changes 3.5 Yes, the class is now closed.

Supply Chain Planning Software 359

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 359

Supply Chain Shaman

SEPTEMBER 27, 2021

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. What Is Visibility?

Supply Chain Planning Software 351

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 351

Supply Chain Shaman

FEBRUARY 14, 2022

Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I I kept pressuring this client to use their channel data locked into the Excel files in their sales account teams. The order represents true demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195